Tuesday 11 December 2018

The Norwegian Petroleum Directorate has granted Equinor Energy AS a drilling permit for well 36/1-3, cf. Section 15 of the Resource Management Regulations.

Well 36/1-3 will be drilled from the Transocean Spitsbergen drilling facility in position 61°48'14.14"N and 4°6'53.41"E.

The drilling programme for well 36/1-3 relates to the drilling of wildcat wells in production licence 885. Equinor Energy AS is the operator with an ownership interest of 20 per cent. The other licensees are Capricorn Norge AS (30 per cent), Wellesley Petroleum AS (30 per cent) and Petoro AS (20 per cent). The area in this licence consists of the south-eastern parts of block 35/3 and block 36/1. The well will be drilled about 40 kilometres east of the Peon discovery.

Production licence 885 was awarded on 10 February 2017 (APA 2016 on the Norwegian Shelf). This is the first well to be drilled in the licence.

The permit is contingent on the operator securing all other consents and permits required by other authorities prior to commencing the drilling activity.